Posts Tagged ‘Avcorp lawsuit’

Avcorp of Delta, British Columbia, once could boast that its vertical stabilizer for the Cessna CJ3 was the first component designed by someone other than Cessna. In fact, it still makes the boast on a Web page that probably needs to be taken down. Avcorp also made wing spars and the horizontal stabilizer for the wildly successful Sovereign. Cessna is waiting on an upgrade of that aircraft to turn its bottom line from red to black in the first quarter of 2014. All Avcorp work for Cessna ended in 2010 when Cessna said it was taking the subassemblies back in-house. Avcorp objected and won a $27.9 million judgement that was contested for a year or two. Now Cessna and Avcorp have reached a settlement, according to the Wall Street Journal.